Requirements Financial Advisor

I want to become a fee only financial advisor and not sell any stocks or insurance. Does the state require series 63 or 65 or 66 license. Any other licenses that I need to have?

In Texas to become a CFA you must have a U.S. Bachelor's or equivalent degree be in the final year of your degree program or have 4 years qualified professional work experience. You must also meet the requirements of the professional conduct admission criteria, and be approved by the board.
There are also exams you must pass
there is a web site that outlines in more detail the information you are looking for
http://www.cfainstitute.org/cfaprog/faq. html

2007-03-30 03:55:00 by Ryan C

www.financialplannersalary.com has all the information you need on a career in financial planning. Learn the salary ranges, educational ...

Also, I have had some credit problems in the past. Will that be an issue? Everything is current now but I had in rough in the mortgage busines because all my business was subprime and we know what happened there. Also, who are some of the companies that hire without a degree? How achievable is a six figure income?

No one will hire you as a financial advisor w/o a degree. You are not qualified.

2008-01-09 15:13:00 by Johnny

Price: $70.00

Other than the certifications, I mean what would impress an institution like Raymond James of Merrill Lynch to pay for your training. I have a bachelor's degree from an excellent university and majored in Economics.

Companies look at the whole package. In terms of your degree, you need to have plenty of mathematical, computer, analytical skills, which you presumably were exposed to during your undergrad. Also a background in accounting, investments, estate planning and risk management can greatly work in your favor. In terms of your personal traits, you need to confident, be comfortable working independently and most importantly have great communication skills.

In all honesty if you want to get into Merrill Lynch you should definitely get some prior experience, work for a broker-dealer, this will not just add to your resume but will also help you do well on your licensing exams.

Good Luck!

2007-07-10 10:29:27 by Tyrone

Price: $299.99

Create marketing flyers and newsletters with Microsoft Word integration; Flexible reporting with Microsoft Excel integration
Reduce fraud risk with PA-DSS credit card processing compliance; Electronic bill payment through Sage Peachtree Bill Pay;

The requirements to become a Chartered Financial Analyst are at http://www.cfainstitute.org/
If you want to become a Certified Financial Planner than go to http://www.cfp.net/
The registration is a relatively simple process, which requires no certification and no fee if you would like become a Registered Investment Advisor
The others take quite a bit of work.

2007-01-08 12:08:10 by carnellcrosby

valid I.D. to begin with

2007-05-01 11:20:46 by Answersplease